The ICC Banking Commission Legal Committee discusses various legal issues related to international banking and trade. They are working to amend Article 55 of the EU Bank Recovery and Resolution Directive to exempt trade finance liabilities from bail-in requirements, which could significantly harm EU businesses' ability to import and export if not changed. The committee is also looking into providing guidance on the legal treatment of negotiation credits without drafts presented and encouraging adoption of the UNCITRAL model law on electronic trade documents.